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Jaipur-based jewellery maker Raniwala 1881 expects healthy demand this festive quarter, but co-founder Abhiyant Raniwala says buyers are taking their time. The main reason is the unsteady price of gold. Raniwala added, “This festival season, we are not just focusing on the heavier wear, which is actually more on the wedding side. But yes, we…
Outstanding commercial paper issued by Indian companies climbed 24% from a year earlier as a surge in banking-system liquidity lowered the cost of short-term funding, according to data from the Reserve Bank of India. Total commercial paper outstanding stood at ₹6.53 lakh crore as of September 15. That is up from ₹5.27 lakh crore a…
Devang Mehta, Deputy Managing Director & CIO-Equity at Spark Capital Private Wealth sees opportunities beyond the benchmark, favouring capex, capital-market businesses, discretionary consumption and auto ancillaries. He says investors should focus on pockets of earnings and cash flows rather than the index. So, where is he seeing the next big opportunities?Disclaimer: The views and tips…
